Bill O’Reilly Exits Fox After Sexual Harassment Scandal | Bloomberg

Fox News host Bill O’Reilly, the network’s most valuable host, is leaving in the wake of a sexual harassment scandal that caused dozens of advertisers to flee his top-rated show.

21st Century Fox Inc., parent of the most-watched cable network, announced his exit in a one-sentence statement Wednesday. “After a thorough and careful review of the allegations, the company and Bill O’Reilly have agreed that Bill O’Reilly will not be returning to the Fox News Channel.”

O’Reilly is the channel’s top draw and has been the most recognizable face of Fox News for much of its 21 years, meaning his exit will test viewer loyalty. Up to now, the network has successfully weathered the loss of key figures including founder Roger Ailes, who was also accused of sexual harassment. Another top network personality, Megyn Kelly, left for NBC in January.